Answer:
True
Explanation:
Enterprise system, which is also referred to Enterprise resource planning (ERP) refers to a business software which is implemented centrally so as to help coordinate and exchange data smoothly between departments and people.
Such a system makes it convenient for the businesses to share information within as well as with outside parties of an organization and helps integrate information between different departments.
Initially, the ERP software was primarily used by businesses for internal business processes but gradually it has been applied for suppliers, customers and outside business functions.
Effective application of such a system ensures competitive advantage to an enterprise.
Answer:
d. All of the above are correct
Explanation:
Demand refers to the quantities of a product that buyers are willing to purchase at a given price over time. The relationship between demand and price is explained in the law of demand. The law asserts that everything else remaining constant, the demand for a product is indirectly related to its price.
The demand curve illustrates the relationship between price and demand for a service or product. The curve is downward sloping showing how the quantity demanded changes with changes in price. Most goods will behave as per the demand curve. However, inferior goods tend to behave differently. An increase in income reduces the demand for an inferior product.
Answer:
B) $114,000
Explanation:
To calculate the operating cash flows using the top down approach we can use the following equation:
operating cash flow = increase in total sales - increase in total expenses - increase in taxes paid
operating cash flow = $975,000 - $848,000 - ($154,000 - $141,000) = $975,000 - $848,000 - $13,000 = $114,000
I didn't include depreciation since it is normally included to calculate the increase in taxes but taxes were already given.
Answer:
The present value machine = $48351.13
Explanation:
Given the annuity amount = $3809
Total number of years for which the annuity is made = 21 years
The annuity is made every six months.
Interest rate = 15%
We have to find the present value of machine by using the above information. Here, below is the calculation.
The present value machine = Annuity × (1-1/(1+rate)^number of terms)/ rate
The present value machine = 3809*(1-1/(1+15%/2)^(21*2))/(15%/2)
The present value machine = $48351.13
It will be without the 'ez' which makes 1040.
